Development Status in EU Biofuels Market

Abstract

The paper provides development status in the EU biofuel market by giving a comprehensive picture of production, consumption and production capacity of the first generation biofuels – biodiesel and bioethanol, while giving also insights into issues related to biofuel feedstocks such as crop production and harvested area. Development of crop production and harvested area for the crop products, used as a feedstock in the production of biofuels, have shown the changes in agriculture due to the growing trend of the biofuel sector. Additionally, the increasing production and consumption of biofuels may also affect the prices of agricultural commodities used as a feedstock for bioenergy production.

Keywords

• agriculture
• biodiesel
• bioethanol
• biofuels
• european union